Fast loans have been excluded from the moratorium on loan repayments introduced because of Covid-19, the Association for Responsible Non-Bank Lending has warned. This high risk and expensive product, which is not offered by commercial banks, is excluded from the guidelines of the European Banking Authority, followed by the BNB and the commercial banks in Bulgaria. The Association expects an increased demand for fast loans stemming from the economic damage caused by the pandemic and the fact that a large number of people will be left without income for several months.
The Bulgarian National Radio (BNR) is successfully integrating artificial intelligence into its programmes. The public radio’s news is now read by an AI avatar trained in Bulgarian, operating in a virtual environment. One year after the public..
A delegation comprising MPs from Vazrazhdane party arrived in Moscow on Sunday. The delegation is led by Tsoncho Ganev, Deputy Chairman of Vazrazhdane and Deputy Chairman of the Bulgarian National Assembly, Georgi Georgiev, Deputy Chairman of..
The second F-16 fighter jet is expected to arrive in Bulgaria within days, said Defense Minister Atanas Zapryanov during a lecture to students at the University of Library Studies and Information Technologies. PM Rosen Zhelyazkov: The first..
A month after Bulgaria receives the green light to join the eurozone, all traders are obliged to have their prices in both Bulgarian..
Since the beginning of the year, Bulgaria has also met the price stability criterion for eurozone membership, Minister of Finance..
On Tuesday, the lowest temperatures will range from 1°C to 6°C, for Sofia around 5°C. There will be frost in some valleys across eight regions in..
Clear
Mostly Cloudy
Partly Cloudy